Post solar exlipse
Friday, January 15th we had a partial solar exlipse, which was not seen in the US. The eclipse took place at 25 degrees Capricorn. Check if you have planets between 23-27 capricorn, you might feel the influences for the coming year.
Today, Jan 18, there is no trade, due to M.Luther King day. The world is on hold, but some bad elements are infiltrating, read the attached article. My target for tomorrow, as per attached graph is 1119-1120. The next month, till Feb.20th, we shall be under the infuence of Saturn-Pluto square.
Today, Jan 18, there is no trade, due to M.Luther King day. The world is on hold, but some bad elements are infiltrating, read the attached article. My target for tomorrow, as per attached graph is 1119-1120. The next month, till Feb.20th, we shall be under the infuence of Saturn-Pluto square.
Any thoughts?
Hi Gaby,
ReplyDeletewhy your and my ma 50 values don't match at all?
Thanks,
Yash
Because I put up a 60 minutes graph, and you are looking at the daily or weekly graph.
ReplyDeleteThanks. That explains. I am looking at daily graph.
ReplyDeleteI am in same camp of down tommrrow but then one more up push into Jan end before starting decent size correction. Raymand's update says 8-20% correction will be good before uptrend again. Not sure if larger number is going to happen. Many EWI people saying rally is done but I don't think so. We have to keep going till Apil and/or July at least.
Yash
Gabriella you say: "1120 Sp500"
ReplyDeleteI would like you to show
this level is perfect Fibonacci retracement precisely 1122
http://tinyurl.com/yc6gxvc
bye
well well well, look who we got here :)
ReplyDeleteHi Gaby,
ReplyDeletewhats facinating about markets is many people make bold predictions and many of them contradict each other almost opposite. So one of them has to br wrong if other one is correct. Obviously its possible that all are wrong too!
I just read this weekend predictions of rally till july aug this year upto some saying rally till next year!
Thanks,
Yash
Hi Gaby,
ReplyDeleteAre we going to get 1120 today/tommrrow instade of yesterday now?
its wild swings.
Thanks,
Yash
probably tomorrow,even 1117-1114
ReplyDeleteHi Gaby,
ReplyDeleteso is this 5-8% correciton before new uptrend starts?
Thanks,
Yash
Hi Gaby,
ReplyDeleteWhen you said 1117-1114 ..is it range of MA45 on daily you are talking about. MA 45 on daily is in this range and that may be support to bounce for next uptrend?
Thanks,
Yash
Hi Yash,
ReplyDeleteIt beats me why are you looking for the uptrend. The market is going down, so join the club, and trade shorts.
Hi Gaby,
ReplyDeletelol .. becuase i am bull person by nature !!!!!! so I don't like to trade short for long time !!!!!!!!!!!
Thanks,
Yash
Seems that it's building a small correction to the upside. if it'll go above 1125.55, it might be a turn today.
ReplyDeleteHi Gaby
ReplyDeletewe got 1115 .. not sure if that is bottom for now.
Yash
low today was 1110, this means it'll fall to 1059
ReplyDeleteHi Gaby,
ReplyDeleteI see 1,114.84 - 1,141.57 on google yahoo .. so low was 1114.84 isn't it?
Thanks,
Yash
no,low was 1110
ReplyDeleteHi Gaby,
ReplyDeleteAre you talking about cash or emini?
I still see everywhere low as 1114.84.
Thanks,
Yash
I am talking about March contract
ReplyDeleteHi Gaby,
ReplyDeleteYes, E-Mini S&P 500 Mar 10 (ESH10.CME)
I don't trade futures. I am not expert yet. I was talking about cash spx. So going to back to your comment, you think it will go to 1059?
Thats a big pullback!
Thanks,
Yash
why not trade futures? it's just another graph. What's the differerence??
ReplyDeleteI use Trade770, it works with Metatrader.
So during the night the index fall to 1108.37, now it can rebound to previous high=1119.
I would use a stop below this low, and go long for a few hours.
Are we going to 1059 straight?
ReplyDeleteThanks,
Yash
Hi Gaby,
ReplyDeleteIs 1150 is ultimate top of rally from 666 low? or you are still hoping for rally above 1150? If so what is max low we can go before uptrend starts? I am thinking like 1085 or 1029 need to be held for rally to go above 1150.
Thanks,
Yash
Hi Yash
ReplyDeleteUltimate??? there is no such parameter in trade.
the index broke out of the channel since march 2009, not a major correction can come, to 900-850 even, so lets play the game, follow the trend.
sorry: now a major correction....
ReplyDeleteI'm THE SHAMAN
ReplyDeleteOnce I told about the TOP 1150 S&P500 and the exact date
I think we have to wait for tne next moon , than look at the calendar.
Ciao baby :-))
I am expecting we get some kind of bottom around end of this week which is new moon, santurn pluto exact square, moon Perigee, 9 month cycle low all between Jan 30 - Feb 1.
ReplyDeleteThanks,
Yash
well, It's my birthday today, so sorry, I am not here.....
ReplyDeletetake care and enjoy.
HAPPY BIRTHDAY!
ReplyDeleteYou know you won't belive its my wife's bithday too! Jan 25 !!!!!!!!!!
Yash
Soon have 333 days from the lows bottom...with MOON and Mars Earth
ReplyDeleteMy name THE SHAMAN
ciao baby
I would appreciate posts without "baby" ... it's been a long time, since I was one, it's not appropiate.
ReplyDeleteIf 1080- the bottom this far will hold, there is a possibility to a small rebounce to 1092.
Otherwise 1051-1056 is more likely to appear on our screens.
Hi Gaby,
ReplyDelete1051-1056 will be great entry for long for some bounce. I am going by this Friday as bottom irespective of number.
Thanks,
Yash
The index found a bottom at 1080. I think it's time for a turn. Surely, one should keep the stops close.
ReplyDeleteHi Gaby,
ReplyDeleteI took some long today am. Lets see. I still feel since cash spx is not gone towards 1080, more downside will come in cash spx.
Thanks,
Yash
THE MOON it is NEAR
ReplyDeletefor the Inversion
My name is the SHAMAN
The bottom, 1180, broke, now the index will fall to 1069-1057.
ReplyDeleteHi Gaby,
ReplyDeleteAre you talking about cash or emini? As now a days futures goes down before actual cash index. Also I had also expected tommrrow bottom with full moon coming early saturday US time. India also got good correction and ready to launch again (hopefull).
What about gold. I got burned only in gold right now.
Thanks,
Yash
Hi Gabriella,
ReplyDeleteAppreciate your commentary on the US stock market each month.
Lots of triggers for a possible shift in sentiment this weekend. Full Moon, Perigee, Saturn Square Pluto. Helio: Earth conjunct Mars, square Mercury, Mars square Mercury, Mercury trine Jupiter. WOW! On Tuesday, 144 trading days from July 8th bottom, Moon conjunct Saturn, square pluto on the close. Possible bad news?
Thanks again!
Mark aka Sugarman
Hi Mark,
ReplyDeleteSo glad you joined us here, and wrote...
Why do you think these angles are about bad news? in the contrary, I think, they can mark a change in trend, and another try to reach previous highs.
On Jan 19, we got a " three inside down" candle pattern, which was a clear mark for a change, so now, after 9 days of pull back, the index can retreat to 1053- which is 180 degree from 1180 top on the Gann wheel. Pluto line is at 1054, so this level should hold.
what do you think?
Hi Mark Gaby
ReplyDeleteMark, are you same who write on dan's blog? I think so.
So Gaby are we saying around Tuesday and around 1053 we will found bottom?
One cycle guy also has exact 1053 and 2/2 as eariest bottom date.
I got little pessimistic with Raymand's update although he says reversal is also possible.
Thanks,
Yash
who is Dan?
ReplyDeleteYes, I do see a rally possibly after the Tues close with Moon,Saturn-Pluto trigger, maybe sooner.
ReplyDeleteThe next uptrend line is Oct 2nd to Nov 2nd. Friday that UT line was at 1056.32.
151 trading days and 135.85 points separated the Oct 11, 2007 (1576.9) and May 19, 2008 (1440.24) tops. Friday was the 579th trading day since the Oct 07 top. The DT line was at 1055.18. The UT and DT apexed at 1055.92. Apex could become a target if the market continues to drop. The DT line will be at 1054.28 on Monday and Bingo, 1053.38 on Tuesday.
Ironic, market could drop from your Saturn line 10634 Dow to Pluto line 1054 SPX.
Oh, the rally could be temp, this is probably only the first wave down off the top. Feb 8th is 233 trading days from Mar 6th bottom(SPX). 1126.79 was where the market broke below an important angle on my 10 pt/week chart (46 weeks x 10 points). 1115 to 1130 will be quite formidable resistance. 1121.44 is midpoint Oct07-Mar09
I have major angles (1x2's) from the Oct07-Mar09 crossing the end of March on my weekly down around 940. then I expect the market to rally to 1228 (.618 O-M) by late July when nasty astrological aspects begin.
The answer to Yash's question is "Yes". Dan has a "waver" blog I also like to read.
Mark
wo wo wwo Mark.... I am i m p r e s s e d !
ReplyDeleteMay I ask which software u use?
Mark, Gaby,
ReplyDeletevery impressive. Mark is amazing.
Two dates 26th april and 26th july can be top just like previous three dates of this same combinaiton was Nov 4, Feb 5 and I don't remeber third one. One more theory I read T theory says final top (1228 that mark mentioned) will be around Aug 26 but that has some days/weeks +/- so may be july end/aug early also possible. But same theory says top little under it like 1173 or more around first week may which goes well with 26th april (which is my wedding anniversary too!) The bradly turn date is march 1 and that is also 90 day cycle bottom window .. one more thing I follow is ARMS ratio (T theory uses it a lot) .. all bottoms end on very high ARMS ration like 3 and higher .. last few days its below 1 and that indicates markets is not getting fully oversold .. so may be as Mark says either Monday or Tuesday it sells very hard with lot of distribution and ARMS rises very high to stop this downtrend for now. Only thing I worry about is 940 number from Mark's post. I had impression that 956 won't broke for market to rally to 1228. May be Mark explains in next post.
Thanks,
Yash
By the way Dan and others have called 1150 is top of rally. I am with you both for 1228. That is when shorts are going to become almost to zero as all will get crushed in that final rally.
ReplyDeleteThanks,
Yash
would you care to elaborate on ARMs ratio pls?
ReplyDeleteYes Sure.
ReplyDeleteArms Index or TRIN = (advancing issues / declining issues) / (volume of advancing issues / volume of declining issues.)
Wall street jornal publishes end of day market data. Data is seperate for NYSE, Nasdeq and nysem amex. So arms is different for each one of them. On friday nyse was 0.99 but nasdeq was 2.09. I think that indicates nasdeq is more oversold and guess that is correct as it was most sold on friday. but for overall market turns I think tracking NYSE should be tracked. So monday nasdeq may get more bounce than others in the start but since NYSE Arms is very low last 3 days it is not enough to start reveral is my analysis. Last time 1019,1029 or even 991 , 869 etc all ended on very high nyse arms like above 3,4 etc .. oct 30 it was 2.89 , oct 1 3.63 sep 1 3.47 etc .. these ratios stopped downtrend. these are days of lowest closing spx in those downtrends.
So this time also I am expecting higher arms ratio and then i go long to catch temp rally that mark is mentions above.
Mar 10 or so mars turns direct .. i was thinking entire correiton wil end by that time but then mark mentions upto march end so i don't know now.
Thanks,
Yash
a.... the trin....why didn't u say so??? :) but I think all these oscillators show past data, and not the future... so, rather useless. All technicians know these/ from us astrologers is expected more.
ReplyDeleteI have just finished a new forecast on the markets, for February. read it at my web page...
ReplyDeleteWhat a rally for 2 days without any small pullback .. we have retraced 38.2 already I think .. can correction complete without any pullbacks? means can it go to straight 1115-1120 or so to complete correction in one way up? I thought it will be up-down-up (ABC) for correction.
ReplyDeleteThanks for Feb update. I am wating for lower levels you mentioned to invest my long term retirement money.
Thanks,
Yash
I have to run to find a shelter!!! To invest retirement money...?? in today's stockmarket?? Say good bye to that money!!
ReplyDeleteIn the stockmarket you should invest ONLY the money you are prepared to loose!
Hi Gaby,
ReplyDeleteI agree to certain extent but there are good cycles to even invest retirement money. Normally max restriction is for 1 month and sometimes you get good returns in one month. Plus i have arrnagement in my retirement account to even play short term basis.
I had kept most of money outside for crash from 1400-666 but made some money from 666 up ..
Thanks,
Yash